Wednesday, November 15, 2017

Mobility Rate Falls to New Low in 2017

The geographic mobility rate fell to a new all-time low in 2017, according to the Census Bureau. Only 11.0 percent of U.S. residents aged 1 or older as of March 2017 had moved in the previous 12 months. Not since 1960 have so few people moved (35 million).

Among people living in owned homes, 5.5 percent moved from one house to another between 2016 and 2017, above the all-time low of 4.7 percent recorded in 2011 and 2012. Among people living in rented homes, the mobility rate fell to a new all-time low of 21.7 percent in 2017.

ABOUT ME

Demographer Cheryl Russell is the former editorial director of New Strategist Press and editor-in-chief of American Demographics magazine. She has written numerous books about demographic trends. Ms. Russell is a professional demographer with a degree from Cornell University.